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Taye Currency Speaks out After Losing N10 Million to CBEX Platform

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Photo source: Google

Popular Fuji artist Taye Currency has spoken out after losing N10 million to the now-defunct digital trading platform, CBEX.

The platform, which reportedly shut down on Monday, April 14, 2025, is said to have vanished with over N1.3 trillion in investors’ funds. This locked users out of their accounts and left many in shock.

During a recent live show, Taye Currency opened up about his painful experience in a video that has now gone viral. Speaking in Yoruba, the singer expressed deep frustration and cursed those who encouraged him to invest in the scheme.

According to him, four close associates—Sodiq, Alaba, Brother Muca, and his band manager Lateef—were all involved. They each invested large sums, including Alaba who allegedly stole N1.2 million during a performance just to join the scheme.

Taye Currency said he felt like he would develop high blood pressure if he didn’t speak out. He addef that he trusted his team with the N10 million investment which disappeared when the platform crashed.

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He’s now believed to be the first public figure in Nigeria to openly admit losing money to the collapsed platform.


 

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Entertainment

Kendrick Lamar, Cardi B and Kehlani Shine at BET Awards 2026

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The BET Awards ceremony returned once again and was held on June 28, 2026.

This year’s ceremony was hosted by Druski and celebrated some of the biggest names in music, film, and entertainment.

Some of the night’s winners include:

  • Kendrick Lamar – Best Male Hip Hop Artist (9th win)
  • Kehlani – Best Female R&B/Pop Artist
  • Kehlani – Video of the Year (“Folded”)
  • Olivia Dean – Best New Artist
  • Cardi B – Best Female Hip Hop Artist
  • Leon Thomas – Best Male R&B/Pop Artist
  • Michael B. Jordan – Best Lead Actor (Sinners)
  • Teyana “Spike-Tey” Taylor – Video Director of the Year

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Entertainment

‘I Want a Family and Respect’ — Speed Darlington Opens Up

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Nigerian singer Speed Darlington speaks with regret as he reflects on his life. He shared that he is disappointed in himself for still being single at his age and not having any children.

The singer said “Up till now, I’m not married and I don’t have any children. All I have to show is an American passport. I want more than American papers—I want a family and respect.”


 

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Tems Laughs Off Question About Super Eagles Star Maduka Okoye

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Nigerian singer Tems reacts to comments linking her with Nigerian goalkeeper Maduka Okoye.

During a recent interview, the singer spoke about the African music movement.

“It’s amazing, you know, coming from Nigeria. I’m just really happy where African music is going right now. Everybody’s popping off and everybody’s shining. So I’m just happy to be a part of that.”

She was then asked if she knew the goalkeeper, to which she replied “Do I know him personally? “I think I do. No, no, no, no, no. I don’t.”

The host then teased her, saying “We should shoot our shot.”

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